NOT LISTED FOR SALE

705 17th St Brodhead, WI 53520

Estimated Value: $600,799

1 Bed
1 Bath
600 Sq Ft
$1,001/Sq Ft Est. Value

Last Sold January 29, 2016

Last sale price $293,000 $488 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $4,167/month

109 Days on Market

Highlights

  • Open Floorplan
  • Level Entry For Accessibility
  • Accessible Full Bathroom
  • Main Floor Bedroom
  • Accessible Bedroom
  • Bathroom on Main Level

About This Home

As of January 2016

12 large one bedroom apartment building in excellent condition. Comes with a large 16x19 community room and 8x16 kitchen for family gatherings. All units presently rent for $430 per month. Building is presently enrolled in a 515 USDA/Rural Development program with subsidized rents. Owner reports that building must be removed from this program prior to closing. Tenant pays heat and electric bills. Owner holds WI real estate license. 24 hour hour notice to show.

Last Agent to Sell the Property

Mark Nortman

First Weber Inc License #57452-90 Listed on: 12/29/2014

First Weber Inc

Last Buyer's Agent

Margo Berke

Pat's Realty Inc License #42657-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,066

Year Built

  • Built in 1985

Lot Details

  • 0.8

Home Design

  • Brick Exterior Construction
  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • Open Floorplan
  • Oven or Range

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Level Entry For Accessibility

Schools

  • Call School District Elementary School
  • Brodhead Middle School
  • Brodhead High School

Utilities

  • Radiant Heating System
  • Separate Meters
  • Water Softener is Owned

Community Details

  • 12 Units
  • Net Operating Income $23,340

Listing and Financial Details

  • Assessor Parcel Number 206-0924.2000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,066

Year Built

Built in 1985

Lot Details

0.8 Acres

Listing Details

  • Municipality: Brodhead
  • Status Detail: Sold
  • Mailing City: Brodhead
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building
  • Barrier Free: Open floor plan, Ramped or level entrance, First floor bedroom, First floor full bath, Width of hallways 42"+, Door openings 36" or more
  • Miscellaneous: Water Softener Owned
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dryers: 2
  • Number Washers: 2
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Vinyl, Brick, Stone

Garage/Parking

  • Heating Fuel: Electric
  • Heating Type: Radiant

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 space
  • Utilities: Separate elec meters

Fee Information

  • Total Expenses: 32928

Schools

  • Elementary School: Call School District
  • High School: Brodhead
  • Middle School: Brodhead
  • School District: Brodhead

Lot Info

  • Zoning: R-3
  • Geo Subdivision: WI

Rental Info

  • Total Income: 62500

Tax Info

  • Net Taxes: 3066
  • Tax Year: 2013
  • Assessor Parcel Number: 206-0924.2000

Multi Family

  • Number Of1 Bedrooms: 12
  • Number Of Units: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2014
Closed on
Jan 29, 2016
Sold by
Brodhead Elderly Housing Lp
Bought by
J Viaene Properties Llc
Seller's Agent
Mark Nortman
First Weber Inc
Buyer's Agent
Margo Berke
Pat's Realty Inc
List Price
$329,000
Sold Price
$293,000
Premium/Discount to List
-$36,000
-10.94%
Current Estimated Value
$600,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,799
Avg. Annual Appreciation
7.33%
Original Mortgage
$295,127
Outstanding Balance
$232,513
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$368,286
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
J Viaene Properties Llc $293,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open J Viaene Properties Llc $295,127
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2016 01/29/16 Sold $293,000 -10.9% $488 / Sq Ft
04/17/2015 04/17/15 Pending -- -- --
12/29/2014 12/29/14 For Sale $329,000 -- $548 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,087 $579,400 $56,500 $522,900
2024 $11,339 $579,400 $56,500 $522,900
2023 $10,895 $579,400 $56,500 $522,900
2022 $9,589 $482,200 $34,900 $447,300
2021 $3,031 $116,200 $22,500 $93,700
2020 $2,987 $116,200 $22,500 $93,700
2019 $2,923 $116,200 $22,500 $93,700
2018 $2,789 $116,200 $22,500 $93,700
2017 $2,815 $116,200 $22,500 $93,700
2016 $2,819 $116,200 $22,500 $93,700
2014 $2,955 $116,200 $22,500 $93,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1733955

South Central Wisconsin Multiple Listing Service

APN: 23-206-924.2000

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